Ometrading

Breakout structure-AUDUSD

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Pair was in a corrective structure the last week. Now, a daily engulfing candle confirms the breakout of that structure formed in a 4H frame. Also, price has rebounded in a bullish trend line. We should see a little pullback in 1H-4H frame to go long again.

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